IGN:
BY ALEX OSBORNValve boss Gabe Newell recently shared his thoughts on the future of the Half-Life franchise, and how the company he co-founded many years ago has evolved into a service platform as it shifts away from game development.
During an interview with Geoff Keighley in a one-off podcast called GameSlice (viaPolygon), Newell was asked whether or not fans will ever see a proper Half-Life 3. Newell replied: "The only reason we'd go back and do like a super classic kind of product is if a whole bunch of people just internally at Valve said they wanted to do it and had a reasonable explanation for why [they did]."
Valve Announces Source 2 Engine - IGN News01:24
"But you know if you want to do another Half-Life game and you want to ignore everything we've learned in shipping Portal 2 and in shipping all the updates on the multiplayer side, that seems like a bad choice," Newell continued. "So we'll keep moving forward. But that doesn't necessarily always mean what people are worried that it might mean."

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